Export Promotion

Overall U.S. Strategy Needed Gao ID: T-GGD-92-40 May 20, 1992

Most industrialized nations have programs to help companies sell products abroad. These programs, collectively referred to as "export promotion," include business counseling, training, market research information, trade missions and fairs, and export financing assistance. Export promotion services in the United States are now fragmented among 10 government agencies, resulting in program inefficiencies and confusion in the U.S. business community. GAO testified that Congress should consider requiring government export programs to be unified under a national strategic plan. In GAO's view, the federal government can do a better job in helping competitive companies enter world markets by more effectively using the funds now devoted to export promotion programs.



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